[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.05.21 10:17
• [Tianmu Pioneer's 5 billion silicon carbon anode project restarts]
• On May 12, 2026, Tianmu Pioneer Inner Mongolia's 5 billion silicon carbon negative electrode project factory cleaning project won the bid announcement, marking the official restart of the project after the adjustment of the plan. The project plans to produce silicon carbon negative electrodes and porous carbon annually, in line with the explosive demand for lithium battery materials.Editor/Gao Xue

• 2026.05.21 10:00
• [Fujian Taiwan Logistics Upgrade Sea Air Dual Track]
• In May 2026, the first batch of 18.6 tons of cross-border e-commerce goods will be shipped from Fuzhou to Mazu and Keelung via Qingzhou Port in Mawei, marking the upgrade of logistics to Taiwan from a single air route to a dual track sea and air route. Shipping costs by sea save 90% compared to air transportation, achieving cost reduction and efficiency improvement.Editor/Gao Xue